Another one of our tools is designed to help traders easily identify trade entry points using price gaps, specifically FVG (Fair Value Gap), without the need to manually draw lines — making the process much simpler. This tool is inspired by the concept of FVG, or “Fair Value Gap,” which refers to a gap in price that typically occurs when there is a strong buying or selling force, creating a visible price imbalance across three candlesticks. Traders often use these gaps as zones, similar to key support and resistance levels, to identify potential trade setups.
Download and Install BeSight FVG
Download the BeSight FVG file to your computer. Right-click on the BeSight FVG file and select Copy. Then, open the MT5 platform (you must be logged in to a trading account opened through BeSight or ForexRefund only).
Go to File > Open Data Folder > MQL5 > Indicators.
Right-click inside the folder and select Paste to paste the BeSight FVG file, then close the window.
Return to the MT5 platform, right-click on the Navigator panel and click Refresh. The BeSight FVG indicator will appear in the list.
Double-click on BeSight FVG, check the Allow box, and click OK to activate the indicator.
Using the FVG Indicator
Once the price reaches the zone, that point can be used to execute a trade. The tool developed by our team allows traders to identify potential entry points based on the FVG (Fair Value Gap) zones. It highlights Buy and Sell points, helping traders analyze and make accurate and timely trading decisions.
Software Details
Developer: BeSight
Distribution: BeSight
File Size: 66KB
Software: MetaTrader 5
Operating System: Windows, Mac OS
Security: Tested and verified
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